BEDS7
BATHS4 full 1 partial
MLS#4026895
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMAIN LAKE
Property Description
Unique investment property comprised of 4 units with amazing lake views of Lake Hopatcong. This ONE OF A KIND opportunity consists of four individual homes with separate utilities and long term histories of solid leases in place. ONE MAIN HOUSE & 3 COTTAGES with shared driveway parking, detached storage sheds and small lawn areas. The main house and one of the cottages have been recently updated and the entire property is in overall good condition. Assume all four leases for a seamless transition of ownership with current annual NOI of approximately $54K. Public water and sewer is here! Located in the heart of the popular redeveloped main lake section of Hopatcong surrounded by lake views, lakeside dining, boating and beach activities as well as schools, shopping and transportation. Solid cash flow and higher income potential than current.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Walkout
Cooling: Wall A/C Unit(s), Window A/C(s)
Fuel Type: Electric, Gas-Propane Leased, Oil Tank Above Groun
Heating: Baseboard - Electric, Forced Hot Air
Lot Size: 0.38 Acres
Roof Type: Asphalt Shingle
Taxes: $15,925
Year Built: 1934
Amenities
Carbon Monoxide Detector
Smoke Detector
Tile Floors
Vinyl-Linoleum Floors
Wood Floors
Patio
Storage Shed
Feature Descriptions
Days on Site: 7
Driveway: Additional Parking, Blacktop
Exterior: Vinyl Siding
Lot: Lake/Water View
Lot Dimensions: 0.38 acre(s)
Outbuilding(s): Yes
Sewer: Public Sewer
Utilities: Electric, Gas-Propane
Water: Public Water
Local Schools
High School: HOPATCONG
Middle School: TULSA TRL
Elementary School: DURBAN AVE
Listed By / Shown By
Listed By
Agency Name: RE/MAX SELECT
Agency Contact: 973-625-0450
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 3,464.21 per month $1,889.51 Principal & Interest $1,327.08 Property Tax $247.63 Homeowner's InsuranceChange Payment Information
460 River Styx Road | MLS# 4026895
This multi-family property located at 460 River Styx Road, Hopatcong, NJ 07843 is currently listed for sale with an asking price of $849,000. Search Hopatcong real estate on www.realtymark.net today.